Answer:
Users
Explanation:
The users be the ones to use the product, initiate the purchase process, generate purchase specs and evaluate product performance after the purchase.
It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.
An event profile can be regarded as set of event scripts, which helps to give description about an event.
This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.
Therefore, contract or event profile serves all the client's requirements and gives all of the relevant information.
Learn more about contract or event profile at:
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Answer:
a, The PPF intersect the Y-axis at 1000 units of luxury goods
The PPF intersect the X-axis at 500 units of necessity good
It means that when the society produces zero units of necessity, it can produce 1000 units of luxury goods and if they use all resources to produce necessity, they can produce 500 units only
b. The economy can produce at a point inside the curve IF (1) There is underutilized of the available resources. (2) There is inefficiency in the use of resources
c. I will want to produce more necessity than luxury. The decision on which point the society will want to be depend on the type of economic system being practiced by my society, if it is free market, the price system will determine it and for a socialist system, the government decides.
d. If I am a dictator, I will make decrees as to the economic direction I want for the society and where the product distribution is left to the free market, the price system decides.
Explanation:
The production possibility frontier is a graph that shows the trade-off between two commodities which a country can be assumed to produce. An economy can operate on the PPF in which case it is using its resources to the fullest. It can operate inside the curve which means under-utilization of resources or inefficiency in resources utilization. A country cannot operate outside the curve except there is technological progress or economic growth.
Answer:
3. net income is understated by $175
Explanation:
There were two transactions omitted. The first transaction is unearned rent revenue of which $450 was earned. This earned rent revenue increases income by $450. While the second transaction was accrued interest payable of which $275 is owed. This interest payable increases liabilities by $275.
Therefore, from the above, income or revenue is understated by $450, while expenses is understated by $275.
Therefore, net income is understated by income less expenses, thus 450 - 275 = $175. This also implies that liabilities are overstated by $175.
Answer:
Charu Khanna
The Net capital loss is:
= $2,000.
Explanation:
a) Stock Transactions and Data during 2019:
Stock Date Date Sold Sales Price ($) Cost Basis ($)
Purchased
4,000 shares Green Co. 06/04/07 08/05/19 12,000 3,000
500 shares Gold Co. 02/12/17 09/05/19 54,000 62,000
5,000 shares Blue Co. 02/04/08 10/08/19 18,000 22,000
100 shares Orange Co. 11/15/18 07/12/19 19,000 18,000
Total $103,000 $105,000
Net capital loss:
Long-term capital loss = $3,000
Short-term capital gain = $1,000
Net capital loss = $2,000 ($3,000 - $1,000)
